DHRM Financial Wellness Offerings, Feb. 2023: Strategies to Thrive in 2023

For details on financial education offerings and resources provided by the Virginia Department of Human Resources Management (DHRM), please check out excerpts below from February’s financial wellness newsletter.

Virginia Credit Union. Surviving in Today’s Economy. In times of economic uncertainty, let’s focus on what you can control. These upcoming webinars will share tips on increasing your value in the workplace, cutting expenses, boosting savings and reducing debt. Please join VACU throughout the year for a live 30-minute session. Register Now! (Employees can now register for sessions throughout the year or all at once!).

VRS. America Saves Week. Imagine a more financially confident you! There’s no better time to embrace that goal than during America Saves Week, February 27 through March 3. Check out the  Everything You Need to Know to Get Started With Managing Your Money guide. Log in to your myVRS account and select “Financial Wellness” to access more resources to help you build financial confidence!

Employee Discounts. Verizon Fios, Vacation packages, flowers and much more are listed under the “Limited Time Offers” section! Be sure to check back often for updates on discounts for you and your family. Check out the State Employee Discounts webpage for more discounts!

Virginia Department of Treasury. Unclaimed Property. Searching for your missing money is now easier than ever! Our new, improved website is more intuitive and offers a secure document upload feature, making claiming your funds quicker than ever. Unclaimed property can include dormant bank accounts, uncashed checks, stocks and dividends, insurance proceeds, refunds, and more. One in four Virginians has missing money. Visit our free search site to check your name and start the claims process. Do your search now!

Employee Assistance Program. All health plans offered to state employees and their dependents have employee assistance programs (EAPs). Included are up to four sessions at no charge for services such as mental health, alcohol or drug abuse assessment, child or elder care, financial, grief counseling, and legal services such as estate planning. EAP.

Public Service Loan Forgiveness Program. State employees may be eligible for the Public Service Loan Forgiveness Program. Keep reading to see whether you might qualify. The PSLF Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer. Click Here to Learn More.

Due to the success of the DHRM Employee Financial Wellness Program, the Virginia State Employee Loan Program, or VSELP, will remain active throughout the calendar year, but will be dissolved thereafter. Stay tuned for more information throughout the year.

Submitted by:
Dahlia Henry-Tett, HR-Chief Wellness Officer, DHTett@nvcc.edu